Written by ForexBrokers.com
In this head to head comparison of eToro vs Spreadex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
In the eToro vs Spreadex comparison, eToro (founded 2007) is publicly traded, while Spreadex (founded 1999) is not; neither company is a bank. Based on ForexBrokers.com, eToro’s Trust Score is 96 out of 99, placing it in the highly trusted range (90–99), whereas Spreadex scores 71, which falls into the average risk range (70–79).
On regulation, eToro holds 4 Tier-1 licenses and 1 Tier-2 license, compared with Spreadex’s 1 Tier-1 license and no Tier-2 licenses. Because Tier-1 regulators are considered highly trusted and Tier-2 regulators are considered trusted by ForexBrokers.com, eToro’s broader licensing suggests wider regulatory coverage than Spreadex.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Year Founded | 2007 | 1999 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Comparing commissions and fees, Spreadex generally undercuts eToro on EUR/USD spreads. eToro is a market-maker and lists a typical variable spread of 1 pip on EUR/USD, which is slightly higher than the industry average. By contrast, Spreadex averaged 0.81 pips in January 2024 and hit a 0.6-pip minimum 60% of the month. If you prioritize low spreads, Spreadex may be the cheaper pick, while many traders choose eToro for its social copy trading rather than its pricing alone.
eToro also offers a VIP program that can help offset some costs. The eToro Club includes five tiers (Silver to Diamond) for balances from $5,000 to $250,000, with benefits that can include access to Trading Central, discounted withdrawal and deposit fees, and a dedicated account manager.
For commissions and fees, ForexBrokers.com rates eToro 4.5 out of 5 stars (ranked #22 of 63) and Spreadex 4 out of 5 stars (ranked #25 of 63). In short: Spreadex posts leaner EUR/USD spreads on average, while eToro counters with VIP perks and a popular copy-trading ecosystem.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $0 |
| Average spread (EUR/USD) - Standard account | N/A | 0.81 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
eToro and Spreadex both let you trade forex as CFDs or spot contracts. Spreadex lists about 10,000 tradeable symbols versus eToro’s 7,441, while eToro edges ahead on forex pairs (55 vs. 52). In ForexBrokers.com’s Range of Investments category, both earn 5 stars, with eToro ranked #11 and Spreadex close behind at #13.
Asset access differs. eToro supports buying exchange-traded securities (not CFDs) on U.S. and international exchanges—so you can buy real shares like Apple or Vodafone—and it also lets you buy actual cryptocurrency in addition to crypto CFDs. eToro includes copy trading, too. Spreadex does not offer real shares or delivered crypto, though it does offer crypto CFDs. Pick Spreadex if you want the largest overall market count, or eToro if you want real stocks, delivered crypto, and copy trading alongside CFD and spot forex.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 10000 |
| Forex Pairs (Total) | 55 | 52 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
If you’re choosing between eToro and Spreadex for trading platforms and tools, both brokers provide free demo (paper) accounts and offer proprietary web platforms. Neither provides a Windows desktop download, and neither supports MetaTrader 4 or MetaTrader 5. Each lets you place trades directly from charts, making it simple to move from analysis to execution.
eToro stands out for copy trading, which Spreadex doesn’t offer. According to ForexBrokers.com, eToro earns 4.5 stars for Trading Platforms and Tools and ranks #8 out of 63 brokers, while Spreadex scores 4 stars and ranks #34. If copy trading and higher-rated platform tools matter to you, eToro may be the better fit; if you want a straightforward web platform with a demo account, both are solid options.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 106 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both eToro and Spreadex offer iPhone and Android apps with price alerts. eToro syncs watchlists between mobile and web, while Spreadex does not. For charts, eToro includes 104 built-in technical studies, whereas Spreadex doesn’t list a study count. If drawing matters, Spreadex lets you add trendlines on mobile; eToro does not. Neither app auto-saves chart drawings.
Overall experience: eToro earns 4.5/5 stars and ranks #10 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com. Spreadex scores 4/5 stars and ranks #33. Choose eToro if you value synced watchlists and a larger selection of indicators; choose Spreadex if mobile trendlines are a must.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | N/A |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
eToro and Spreadex both cover the basics for market research: daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, an economic calendar for upcoming global events, and sentiment tools that show the ratio of long and short positions. These features make it easier to follow headlines, time trades around news, and see how other traders are positioned.
The main differences are in their added research tools. eToro includes Trading Central for technical and fundamental insights and TipRanks analyst data, while Spreadex provides Autochartist pattern recognition; neither broker offers tools from Acuity Trading. For quality scores, ForexBrokers.com rates eToro 4.5/5 stars for Research (ranked #13 out of 63 brokers) and Spreadex 4/5 stars (ranked #27). Choose eToro if you want Trading Central and TipRanks, or pick Spreadex if Autochartist is your priority.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
eToro vs Spreadex: For beginner traders, both brokers offer education that covers forex and CFDs, including at least 10 beginner-focused videos. eToro stands out with monthly online client webinars and a deeper library that includes 10+ advanced videos for experienced traders. Spreadex provides plenty of starter material but does not host monthly webinars and lacks a comparable set of advanced videos, making it better for basics rather than long-term skill building.
Independent ratings reflect the gap: eToro scores 4.5/5 stars and ranks #3 out of 63 brokers for Education at ForexBrokers.com, while Spreadex earns 4/5 stars and ranks #33. Choose eToro if you want ongoing webinars and advanced lessons; pick Spreadex if you mainly need clear beginner videos without extra bells and whistles.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than Spreadex. eToro finished with an overall rank of #9, while Spreadex finished with an overall rank of #32.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
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Spreadex
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| Trust Score | 96 | 71 |
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In the eToro vs Spreadex comparison for cryptocurrency trading, eToro lets you buy actual (delivered) crypto alongside crypto CFDs, while Spreadex restricts you to cryptocurrency CFDs only.
In the eToro vs Spreadex comparison, eToro supports ACH/SEPA transfers, PayPal, and Skrill alongside bank wire transfers, while Spreadex offers bank wires only and does not support ACH/SEPA, PayPal, or Skrill.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | eToro | Spreadex | |
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| Trust Score | 96 | 71 | |
| Winner | check_circle | ||
| Review | eToro Review | Spreadex Review |
| Broker Screenshots | eToro | Spreadex | |
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| Regulation | eToro | Spreadex | |
|---|---|---|---|
| Trust Score | 96 | 71 | |
| Year Founded | 2007 | 1999 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | eToro | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | eToro | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 10000 | |
| Forex Pairs (Total) | 55 | 52 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | eToro | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | 0.81 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | eToro | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | eToro | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 58 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | N/A | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Spreadex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | eToro | Spreadex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | eToro Review | Spreadex Review |
| Overall | eToro | Spreadex | |
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| Trust Score | 96 | 71 | |
| Winner | check_circle | ||
| Review | eToro Review | Spreadex Review |
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